BELLEVUE, Wash.–July 28, 2003–Building further momentum in the fast-growing Japanese enterprise learning market, Click2learn (Nasdaq:CLKS), leader in enterprise productivity solutions, announced today that it will sponsor and exhibit at e-Learning World 2003, Japan’s largest learning technology expo.

Highlighting the company’s participation in the expo, held in Tokyo from July 30 — August 1 in Tokyo, will be a keynote by Kevin Oakes, Click2learn chairman and CEO on the power of learning technology to impact business success.

Click2learn, a sponsor of the event, will participate in the show along with Click2learn Japan K.K., a joint venture formed with SoftBank group in 2000. “Following a decisive focus on ‘e-Japan” by the Japanese government, Japanese companies and educational institutions have developed a strong interest in e-learning,” said Akira Kamei, CEO of Click2learn Japan, K.K. “The Japanese learning market has just entered the enterprise learning platform era and customer reaction to Click2learn’s products has been very positive. We already have a number of large enterprise customers and prospects in Japan and we believe other companies who, up until this point, have been struggling with fragmented, disparate technologies to deliver learning to employees, are ready for Click2learn’s unified, integrated, easy-to-implement solutions.”

“Click2learn has already realized significant success in the Japanese market, where the idea of increasing organizational productivity is met with great interest and enthusiasm. Today, as some of the world’s largest global companies in Japan further embrace the productivity and performance benefits corporate learning programs provide, we expect Aspen’s scalability and rich, comprehensive functionality to make it the platform of choice among these companies,” said Oakes. “We look forward to the expo for the valuable opportunity it gives us to meet more of our Japanese customers face-to-face and to learn about their unique learning needs and business goals.”

In a session entitled “Learning is Becoming Mission Critical…and e-Learning is the catalyst”, Oakes will describe the migration from the “e-learning era” to the “productivity era” and why e-learning has become mission-critical in reducing time to market, ensuring workforce readiness, creating customer, supplier and partner loyalty and increasing productivity across the entire enterprise value chain. The presentation, scheduled for July 31 at 3:40 p.m., will be part of a special session of the Summer e-Learning Forum 2003, a sub-conference held within the e-Learning World expo.

At Click2learn’s booth, the company will showcase its award-winning Aspen Enterprise Productivity Suite(TM) and ToolBook Simulation and Authoring solution.

Aspen enables organizations to strategically manage corporate knowledge and workforce productivity to improve business performance. With Aspen organizations can deploy a comprehensive, integrated solution for their specific learning needs, all under one platform with one, seamless user experience. The Aspen Suite consists of separate but integrated modules, including:

— Learning Management (LMS)

— Learning Content Management (LCMS)

— Virtual Classroom (VCS)

— Performance Management

— Collaboration, Knowledge Exchange & Instant Messaging

— Information Management

— Simulation Creation and Editing

— Auditing and Compliance Tracking

Whether organizations choose to deploy the entire Aspen suite, or to integrate select Aspen applications with existing infrastructure, Aspen’s standards-based (AICC, SCORM, XML, etc.) modular and open architecture is designed to help companies reduce total cost of ownership and meet a wide variety of business goals.

Aspen’s Japanese language capabilities convert the product’s entire interface into Japanese, allowing users to collaborate, exchange knowledge, create and deliver information and report results in their native language, making the product a natural fit for the Japanese market and for international companies seeking to optimize their global learning initiatives.

Click2learn’s ToolBook has been named one of the best simulation and interactive content authoring software solutions on the market today. More than 13,000 companies and organizations rely upon ToolBook for their creation of SCORM- and AICC-compliant content. ToolBook 8.6, the newest version of the authoring solution, reinforces Click2learn’s continuing commitment to this popular product, with powerful new features developed to meet evolving learning industry demands and to respond to feedback from ToolBook customers worldwide.

About Click2learn

Click2learn (Nasdaq:CLKS) is the recognized leader in enterprise productivity solutions for Global 2000 organizations and government agencies seeking to improve business performance and workforce productivity. Using Click2learn’s Aspen Enterprise Productivity Suite(TM), many of the world’s best-known corporations improve sales force readiness, achieve and demonstrate regulatory compliance, improve speed and quality of customer service, and educate customers and partners, while at the same time realizing significant cost savings. Click2learn’s clients include such industry leaders as Accenture, American Airlines, AstraZeneca, Century 21, Fujitsu, Microsoft, Pfizer and Symantec. Based in Bellevue, Wash., with offices throughout the U.S., Click2learn ( www.click2learn.com, 800.448.6543) also is represented in, Europe, Australia, Japan and India.

This announcement contains forward-looking statements that involve risks and uncertainties, including information contained in this document where statements are preceded by, followed by or include the words “believes,” “plans,” “intends,” “expects,” “anticipates” or similar expressions. For such statements, The Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Factors that could cause actual results to differ from those contained in the forward-looking statements include, market acceptance of Click2learn’s e-learning solutions and competing e-learning offerings, the ability to successfully implement Click2learn’s solutions and increase revenues, the ability to successfully address technological developments and standards and the risk factors set forth in filings the Company has made with the SEC. Click2learn, Aspen and ToolBook are trademarks of Click2learn. All other company and product names are the trademarks of their respective owners.